Core Points - The China Foreign Exchange Trading Center's Vice President Hu Jian announced five standards at the 2025 Financial Street Forum, including one national standard and four industry standards [1] - The national standard is titled "Financial Services Global Legal Entity Identifier Code Part 2: Application in Digital Certificates" [1] - The four industry standards include: 1. "Technical Specifications for Transaction Confirmation in the Interbank Foreign Exchange Market" 2. "Business Specifications for Transaction Confirmation in the Interbank Foreign Exchange Market Part 1: Centralized Confirmation" 3. "Business Specifications for Transaction Confirmation in the Interbank Foreign Exchange Market Part 2: Non-Centralized Clearing Standard Settlement Instructions" 4. "Data Specifications Related to Transaction Confirmation in the Interbank Foreign Exchange Market" [1] - Hu Jian emphasized the importance of implementing these standards to enhance transaction confirmation systems, compliance management, and professional talent development, contributing to the efficient operation of financial markets and high-level financial openness [1]